Here’s what we’re watching ahead of Wednesday’s open
But the downdraft in major tech shares was hitting most of the giants. Microsoft slipped 1.3% premarket, Apple shed 1.4%, Google-parent Alphabet fell 1.5%, Netflix gave up 0.9% and Intel lost 1.3%.
Cryptocurrencies turbo-charged by Tesla CEO Elon Musk got another boost Wednesday. The token Shiba Inu gained 65% over the previous 24 hours, adding to a days-long rally after Mr. Musk posted a new photo of his Shiba Inu puppy named Floki on Monday. The coin now has a market value of $8.5 billion, making it the twentieth largest cryptocurrency, according toShares of American Airlines Group lost 3.
Vaccine makers Moderna and Novavax look set to remain stuck in the doldrums that began after Merck’s successful test of its Covid-19 treatment. Novavax dropped 5% premarket and Moderna fell 2.6%. Business-development company Saratoga Investment ‘s stock nudged up 1.2% in the extended session after it reported record repayments during the second quarter.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin Price Passes $50,000: What to Watch When the Stock Market Opens TodayFacebook is ticking higher after its services were restored; Amplify Energy is gaining after Monday’s rout.
Read more »
NIK | NIKKEI 225 Index Overview | MarketWatchNIK | A complete NIKKEI 225 Index index overview by MarketWatch. View stock market news, stock market data and trading information.
Read more »
Santoli’s Tuesday market notes: Stocks recover from the swoon, but the set-up remains fragileNew for subscribers: Santoli’s Tuesday market notes: Stocks recover from the swoon, but the set-up remains fragile. Check out CNBCPro today.
Read more »
WSJ News Exclusive | Is the Stock Market Open at 3 a.m.? This Startup Says It Should BeIs the stock market open at 3 a.m.? Startup trading platform 24 Exchange says it should be
Read more »
Is the Stock Market Open at 3 a.m.? This Startup Says It Should BeIs the stock market open at 3 a.m.? Startup trading platform 24 Exchange says it should be
Read more »
Investors eye Big Tech as stock market wobblesTechnology stocks are bearing the brunt of a recent market selloff, putting a spotlight on how an extended downturn in the sector could weigh on broader equity indexes.
Read more »